The Food Processing Machinery Manufacturing industry is highly dependent on capital expenditure by downstream food and beverage manufacturers. The major markets for food-processing machinery include beverage manufacturers, meat and seafood processors, bakeries, dairy product manufacturers and fruit and vegetable processors. The industry manufacturers a wide range of products (such as canning and bottling machines, food-processing machinery, ovens and distilling equipment) to meet the varied needs of downstream manufacturing industries. Industry revenue is forecast to decline at an annualised 1.3% over the five years through 2014-15.
Companies in this industry primarily manufacture industrial and commercial food-processing machinery, which is used in food production and preparation. Examples include machinery for baking bread, canning, sealing containers and bottles, and for processing meat (such as crushers and slicers). This industry excludes household food-processing machinery.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.